IHS Chemical Week

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October 11, 2016
KP Engineering said Tuesday it has been awarded an engineering, procurement, and construction (EPC) contract by Praxair to expand carbon monoxide production at the...
October 11, 2016
ChemChina is allegedly missing $15 billion in financing in its $43-billion acquisition of Syngenta, according to Chinese news outlet Caixin which cites several people close to the...
October 10, 2016
The Texas Commission on Environmental Quality (TCEQ) has given preliminary approval to an air permit authorizing Formosa Plastics Corporation (FPC) to build an 800,000 metric ton/year ethylene glycol (EG) plant at Point Comfort, Texas, according to a notice published on 7 October. FPC submitted its application in late 2014....
October 7, 2016
LSB Industries (Oklahoma City, Oklahoma) says reduced production, lost fixed-cost absorption, and repair expenses related to unplanned maintenance downtime at three plants during the third quarter will lower EBITDA for the period by $25-26.5 million....
October 7, 2016
The company expects to report adjusted third-quarter earnings of $1.54-$1.57/share, with guidance at the midpoint of that range falling about 9% below median analyst estimates of $1.71/share....
October 7, 2016
Canexus (Calgary, Alberta, Canada) appointed David Collyer to chairman following the passing of former board chair Hugh Fergusson on Monday night. Additional details on...
October 6, 2016
Wacker Chemie says it will build a silicones R&D center in Ann Arbor, Michigan. In a first phase, the group is investing a single-digit million US-dollar figure mainly for...
October 6, 2016
Aceto Corporation (Port Washington, NY) and synthetic biology company Verdezyne (Carlsbad, CA) have signed an agreement for Aceto to distribute Verdezyne’s biobased dodecanedioic...
October 6, 2016
Hexion has named Joseph Bevilaqua to the newly created role of chief operating officer, effective immediately. In the role, Bevilaqua will be responsible for overseeing all aspects of...
October 6, 2016
The US Environmental Protection Agency (EPA) says OxyChem has agreed to spend $165 million on engineering and design work for the cleanup of the lower Passaic River near Newark, New Jersey. The agency says it will pursue additional agreements with the over 100 other parties legally responsible for contamination of the river....
October 6, 2016
Net imports of benzene to the United States totaled 44,000 metric tons in August, the lowest monthly volume since September 2009, and before that, March 2004. Analysts at IHS Chemical attribute the unusual result to an increase in exports to Europe and China and a decline in imports from South Korea....
October 6, 2016
During the week ended 1 October, chemical railcar traffic in North America increased 1.2% year-over-year (YOY) as gains in the United States and Mexico offset a decline in Canada. For all of North America, chemical railcar traffic during the week totaled 43,399 carloads, up 2.9% from the previous week, according to data released on 05 October by the Association of American Railroads (AAR)...
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